Richmond dispatch. [volume] (Richmond, Va.) 1884-1903, 1887-08-28
BERLIN'S BUDGET.
Icopvish,ed 1887 By the New YORK Associated

BERLIN, August N.-It is becoming
doubtful whether after all the Govern
ment will present to the Reichstag Q
bill raising the import duties on cereals.
The official press points out that an in
crease OF duties might destroy all hope
of getting a favorable tariff treaty with
Austria Hungary, for which German
manufacturers are clamoring. They
want fairer terms, for manufactured
articles imported from Austria, but
then Austria Hungary is sending large
amounts OF cereals into Germany; and
il the duties ON these commodities
were raised Austria wonld retaliate
upon Germany. II the Government
succeeds, however, in arranging q
treaty with Austria on terms per
hitting the passage OF the cereal
bill such q measure will still
be introduced. The leaders OF the
Conservative, Free Conservative, and
National Liberal groups have formed a
combination in favor OF an increase of
duties. The National Liberals followed
an isolated policy. They would con-
tend only for further protection in
favor Of iron and steel and the manu-
featuring industries, but in order to
obtain higher duties in their own in
terests they have had to combine with
the Conservatives to obtain increased
protection for agricultural interests.
The whole question is thus one of po-
litical tactics, and revolves on what the
results of the cereal bill may save on
the manufacturing interests. Trades
petitions are being sent to the Bundles
rath asking that the rise in duties be
from three marks to eight marks per
double hundredweights.
The event of the week of the great
est interest, both in financial circles and
to the general public, has been the re-
ported formation OF the great spirit-mo-
nopoly company. There is some doubt,
however, Notwithstanding the conf
dent assertions of interested parties,
whether the company really has
been formed. Some of the lead
ing bankers-amoDg them the Men
delsobns and Observation-Disclosures re-
fused to share in the enterprise,
and it is also threatened that counter
coalition to the company will be
formed, which will seek to bind all
spirit-producers to sell to it at contract
rates, retail prices to be fixed at the
will of the company, which will thus
become the focus of the entire domes-
tic production. Many producers have
already contracted for 100 marks per
hectolitre, including the taxes for do
mestic production. AS an immediate
result OF these rumors the shares Of
numerous spirit-distilling companies
bave4ushed up some 80 per cent. Few
voices are heard championing the cause
of the consumers, who declare that the
monopoly will lamentably raise prices.
The monopolists further aim ut the ex-
roItation of spirits at such prices as
will destroy competition throughout
tie markets Of the world. The capital
of the company, which it was at first
proposed to fix at 30,000,000 marks.
has now been increased to $1,000, 900
marks. A third of the entire number
of shares has been reserved for the dis
tillers. who will have a proportionate
representation in the Board of Di-
rectOrS.
The prospect of a settlement of the
Bulgarian imbroglio is more hazy than
ever. Nothing definite is known as to
Bismarck's policy. 1t is certain that
official circles retain the absolute belief
that, whatever is happening, tine Aus
tro-Gorman alliance remains intact. 1t
is believed there is better entente,
but 10 special rdpprochement with
Russia as result of Bismarck's de-
string to cooperate with the Czarin his
present policy OF securing respect for
the treaty of Berlin. This has been
Bismarck's persistent aim, but not Rus
sia's. The change in the relations be-
tween the two Governments is due to
the efforts of M. de Giers, who, freed
from the oppression of the Pan-Slavist
party since M. Kalkoff's death, seeks
Germany's cooperation within the
limits Of the Berlin treaty. Ii this
friendly attitude continues the mutual
national aversion may abate. Mean
time the German press shows no special
confidence in Russia.
The Bourse has taken advantage Of
The change of situation to give steady
rise to Russian securities from the
low level to which they were forced
two months ago. Though the rise is
nothing more than what the spectators
regard as the normal values of the Sc
cur.ties, German bankers will not take
part in the proposed Russian loan.
The best proof of the full restoration
of the Emperor's health was his appear
ance at Potsdam yesterday at the ma
nnuyres of the cavalry division.of the
Guards. The Emperor watched the
eyolutions from an open carriage, wear
ing helmet instead OF an undress cap,
the use Of which is a certain sign that
be is ailing. He remained at Potsdam
two hours, and when he returned to
Babelsburg he was cheered by the
crowd.
Preparations are being made for the
Emperors reception at the Koenigsberg
maneuyres. A great pavilion is being
built. 1t will be lined with tapestry and
will be divided into two apartments
one for the Emperor and the other for
his suite. DR.. Won Puttkamer, General
Won Schellenderf, and Counts Won
Moltke and Waldensee will attend the
man9uvres. The reports are now more
credited that the occasion will be sig
nalized by a meeting between the Gar
and Emperor William.
Advices from Tilsit state that the
emigration of Russian Jews to America
has been resumed with vigor. Large
trains pass Tilsit weekly on their way
to Bremen and Hamburg.
Baron Nathaniel Rothschild has been
ordered to leave Vienna for making
insulting remarks about the Archduke
Charles Louis, brother OF the Emperor.
Bishop Kopp, of Fulda, will be con-
scented Prince Bishop Of Breslau at
iheIend OF October.
The Eavarian Minister of Worship
viii open a school for the teachings OF
Vdapuk at the Luitpold gymnasium, in
Munich.
According TO the Kreus Zeitung, DR..
Afendt, German Consul at Zanzibar,
vii not return to that port.
THE BUCHANAN THRONE.